GBUL.TO Alternatives & Similar ETFs

Ninepoint Gold Bullion Fund Series ETF (GBUL.TO) belongs to the Gold category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with GBUL.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to GBUL.TO

GBUL.TO charges 0.50% annually. There are 5 ETFs in the Gold category with lower expense ratios, going as low as 0.23%.

Symbol	Name	Expense Ratio	AUM	Inception
ZGLD.TO	BMO Gold Bullion ETF (CAD Units)	0.23%	—	Mar 2024	GBUL.TO vs ZGLD.TO
ZGLH.TO	BMO Gold Bullion Hedged to CAD ETF	0.23%	—	Mar 2024	GBUL.TO vs ZGLH.TO
KILO.TO	Purpose Gold Bullion Fund	0.28%	1.10B	Oct 2018	GBUL.TO vs KILO.TO
KILO-B.TO	Purpose Gold Bullion Fund ETF Non-Currency Hedged	0.28%	—	Oct 2018	GBUL.TO vs KILO-B.TO
HGGG.TO	Harvest Global Gold Giants Index ETF	0.40%	48.63M	Jan 2019	GBUL.TO vs HGGG.TO

Best Risk-Adjusted Alternatives to GBUL.TO

Among 9 ETFs in the Gold category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 37.

Symbol	Name	Risk / Return Rank	AUM	Inception
HGGG.TO	Harvest Global Gold Giants Index ETF	37	48.63M	Jan 2019	GBUL.TO vs HGGG.TO
GLCC.TO	Global X Gold Producer Equity Covered Call ETF	35	597.10M	Apr 2011	GBUL.TO vs GLCC.TO
ZGD.TO	BMO Equal Weight Global Gold Index ETF	33	356.53M	Nov 2012	GBUL.TO vs ZGD.TO
KILO.TO	Purpose Gold Bullion Fund	31	1.10B	Oct 2018	GBUL.TO vs KILO.TO
AMAX.TO	Hamilton Gold Producer YIELD MAXIMIZER ETF	29	519.30M	Feb 2024	GBUL.TO vs AMAX.TO

Top Performing GBUL.TO Alternatives (YTD)

Among 9 ETFs in the Gold category with YTD return data, the top-performing alternatives shown here go as high as 2.92%.

Symbol	Name	YTD Return	AUM	Inception
KILO.TO	Purpose Gold Bullion Fund	2.92%	1.10B	Oct 2018	GBUL.TO vs KILO.TO
CGL.TO	iShares Gold Bullion ETF (CAD-Hedged)	-0.66%	2.53B	May 2009	GBUL.TO vs CGL.TO
HUG.TO	Global X Gold ETF	-1.46%	55.12M	Jun 2009	GBUL.TO vs HUG.TO
ZGD.TO	BMO Equal Weight Global Gold Index ETF	-1.60%	356.53M	Nov 2012	GBUL.TO vs ZGD.TO
HGY.TO	Global X Gold Yield ETF	-1.63%	219.30M	Dec 2010	GBUL.TO vs HGY.TO

Lowest Volatility Alternatives to GBUL.TO

Among 9 ETFs in the Gold category with 1-year volatility data, the lowest-volatility alternatives shown here go as low as 23.72%.

Symbol	Name	Volatility 1Y	AUM	Inception
HGY.TO	Global X Gold Yield ETF	23.72%	219.30M	Dec 2010	GBUL.TO vs HGY.TO
KILO.TO	Purpose Gold Bullion Fund	26.34%	1.10B	Oct 2018	GBUL.TO vs KILO.TO
HUG.TO	Global X Gold ETF	26.73%	55.12M	Jun 2009	GBUL.TO vs HUG.TO
CGL.TO	iShares Gold Bullion ETF (CAD-Hedged)	27.12%	2.53B	May 2009	GBUL.TO vs CGL.TO
CGXF.TO	CI Gold+ Giants Covered Call ETF Common	40.70%	247.50M	Mar 2022	GBUL.TO vs CGXF.TO

Lowest Drawdown Alternatives to GBUL.TO

Among 9 ETFs in the Gold category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -17.87%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
HGY.TO	Global X Gold Yield ETF	-17.87%	219.30M	Dec 2010	GBUL.TO vs HGY.TO
KILO.TO	Purpose Gold Bullion Fund	-19.62%	1.10B	Oct 2018	GBUL.TO vs KILO.TO
CGL.TO	iShares Gold Bullion ETF (CAD-Hedged)	-20.47%	2.53B	May 2009	GBUL.TO vs CGL.TO
HUG.TO	Global X Gold ETF	-20.89%	55.12M	Jun 2009	GBUL.TO vs HUG.TO
AMAX.TO	Hamilton Gold Producer YIELD MAXIMIZER ETF	-28.60%	519.30M	Feb 2024	GBUL.TO vs AMAX.TO

Other ETFs from Ninepoint

The 3 most viewed Ninepoint ETFs shown here include ECHI.TO, NNRG.NEO, GBSL.TO and span 3 categories. AUM among these funds goes as high as $1B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ECHI.TO	Ninepoint Enhanced Canadian HighShares ETF	Derivative Income	—	—	—	Aug 2025	GBUL.TO vs ECHI.TO
NNRG.NEO	Ninepoint Energy ETF	Energy Equities	83	43.04%	1.38B	May 2021	GBUL.TO vs NNRG.NEO
GBSL.TO	Ninepoint Global Select Fund - Series ETF	Global Equities	—	—	—	Sep 2025	GBUL.TO vs GBSL.TO

Compare GBUL.TO with Any Fund or Stock

Compare GBUL.TO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair GBUL.TO with funds that move differently

Ninepoint Gold Bullion Fund Series ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GBUL.TO.

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Ninepoint Gold Bullion Fund Series ETF (GBUL.TO) Alternatives